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2026

February 04, 2026

HB&T Names New President

Houston, TX (February 5, 2026) — Hand Benefits & Trust (HB&T), a national leader in collective trust administration, has named Gregg Zimmerman President effective January 1, 2026.

Zimmerman joined HB&T in 2014 and brings more than 20 years of financial services experience across investment management, manager due diligence, and institutional trading. Prior to joining HB&T, he served as a Director of Manager Search and Due Diligence at a consulting firm and as an Equity Trader with an investment firm. Since joining the HB&T, Zimmerman has held progressively senior leadership roles, most recently as Senior Vice President of Investments. He earned a Bachelor of Business Administration in Finance from the Texas McCombs School of Business.

As President, Zimmerman will lead HB&T’s strategic growth initiatives, with a focus on strengthening the firm’s leadership in Collective Investment Trusts and expanding partnerships with investment management firms serving the defined contribution and 401(k) marketplace.

“Gregg has been instrumental in shaping HB&T’s growth and evolution over the past decade,” said Stephen Hand, CEO of HB&T. “He combines deep operational knowledge with broad market expertise across defined contribution platforms, helping our partners scale their businesses while delivering value to plan sponsors. His leadership positions HB&T well for continued growth in the CIT space.”

“I’m honored to lead HB&T into its next chapter,” said Zimmerman. “It’s an exciting time to be in the CIT space. CITs are redefining the DC marketplace. At HB&T, we’re in a unique position to serve as trustee, fund administrator, and transfer agent for the funds, offering one-stop-shopping for our clients. We’re also able to partner with major custodians to provide complimentary service. I’m looking forward to keeping HB&T on the leading edge of CITs and expanding into new opportunities for growth and success.”

About HB&T

A BPAS company, HB&T is an innovator in the design, trading, and registration of Collective Investment Funds. HB&T has been providing employee benefit trust services to plan sponsors since

1963, and has been administering pooled Collective Investment Funds since 1964. The majority of HB&T’s Collective Investment Funds are sub‑advised by external Registered Investment Advisors, who are responsible for distributing these investment vehicles within the qualified plan marketplace. HB&T unitizes collective trusts and prices them daily, so they can be traded by any retirement service provider through the National Securities Clearing Corporation (NSCC) trading platform.

BPAS is a national provider of retirement plans, benefit plans, fund administration, and institutional trust services. Visit bpas.com for more information. BPAS is a wholly owned subsidiary of Community Financial System, Inc. (CFSI, NYSE: CBU).